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Stock analysis Vedanta Limited VEDL

More indepth analysis on MunafaSutra.com

Moving Averages for Vedanta Limited

  • 5Day Average: 381.7
  • 12Day Average: 370.15
  • 20Day Average: 338.51
  • 50Day Average: 297.55
  • 100Day Average: 279.31
  • 150Day Average: 262.39
  • 200Day Average: 260.4

VEDL Indicators & signals

Indicator MACD (12,26,9)

365.24, 336.94, 25.58
Indicator MACD is in positive zone

Indicator ADX (14)

63.11, 37.11, 8.39
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 67
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VEDL Vedanta Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 381.05 377.10 to 387.70 -0.63% 0.3 times
24 Wed Apr 2024 383.45 376.00 to 386.60 1.7% 0.33 times
23 Tue Apr 2024 377.05 371.10 to 383.20 -1.04% 0.43 times
22 Mon Apr 2024 381.00 373.40 to 393.15 -1.28% 0.58 times
19 Fri Apr 2024 385.95 382.20 to 396.75 -0.66% 0.99 times
18 Thu Apr 2024 388.50 383.05 to 394.75 2.72% 1.07 times
16 Tue Apr 2024 378.20 364.05 to 381.50 2.06% 0.86 times
15 Mon Apr 2024 370.55 360.25 to 383.95 -0.64% 1.33 times
12 Fri Apr 2024 372.95 360.80 to 374.90 3.08% 1.19 times
10 Wed Apr 2024 361.80 345.70 to 369.65 7.04% 2.26 times
09 Tue Apr 2024 338.00 320.60 to 339.50 4.55% 0.96 times
08 Mon Apr 2024 323.30 317.10 to 325.35 1.36% 0.5 times

Technical analysis forecast of Vedanta Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Vedanta Limited VEDL at this time. Stock is rising and might rise more.

It appears as if Vedanta Limited VEDL gave a large move recently.

Stock of Vedanta Limited (VEDL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Vedanta Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 390.4 as stoploss in an intra day sell trade for a target of 347.32. However, stock will show a bullish move above 390.4.

More indepth analysis on MunafaSutra.com